Mississippi Business Journal » Wall Street

Organization keeps planners, advisers up to date on regulatory changes

Lynn Lofton — Fri, 03 May 2013 20:41:27 +0000

Keeping members up to date with changes that affect their profession is a large part of what the Mississippi Chapter of the Financial Planning Association does. Members and other professionals gathered recently to earn four hours of continuing education credits as they learned how changes in the regulatory landscape will affect them. More quarterly forums [...]

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Where is the Dow Jones headed?

Ike Trotter — Fri, 22 Mar 2013 20:00:14 +0000

Next stop, 15,000? As the Dow Jones Industrial Average settled at a new all-time high of 14,253.77 on March 5, the psychological lift on Wall Street was undeniable — the market was finally back to where it was in 2007. Or was it? 1 For many, the Dow “is” the stock market, and the stock [...]

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From “too big to fail” to too big to jail?

MBJ Staff — Fri, 15 Mar 2013 21:35:41 +0000

America’s banking crisis may be receding into history but not so the desire of everyday Americans to bring the perpetrators of the criminally induced collapse to justice. While those behind rigging the system for their own benefit may never be forced to account for their actions, the reason why they are getting off free could [...]

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Cartoons – November 28, 2011

Ricky Nobile — Sun, 27 Nov 2011 06:00:08 +0000

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Sanderson shares down as analyst expects bigger losses

Associated Press — Mon, 22 Aug 2011 18:46:21 +0000

LAUREL — Shares of Sanderson Farms Inc. dropped 4 percent today as an analyst predicts the poultry producer’s third-quarter loss will be bigger than Wall Street’s forecast due to falling chicken prices and higher feed costs. Jefferies analyst Jeff Farmer estimates Sanderson will lose $1.25 per share in the quarter, compared with Wall Street’s expectations [...]

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Here we go again: Another big down day for Dow

Associated Press — Thu, 18 Aug 2011 21:09:57 +0000

NEW YORK — Just when Wall Street seemed to have settled down, a barrage of bad economic reports collided with fresh worries about European banks Thursday and triggered a global sell-off in stocks. The Dow Jones industrial average fell 419 points — a return to the wild swings that gripped the stock market last week. [...]

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Regions President On Recession/Wall Street Regulation

Stephen McDill — Thu, 15 Jul 2010 20:17:17 +0000

JACKSON- MBJ-TV sits down with Regions Financial Corporation southwest operations president Ronnie Smith to talk about the recession’s impact on Mississippi and how new Wall Street regulations could impact regional financial institutions.

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Wall Street bonuses keep rising

Associated Press — Tue, 23 Feb 2010 14:22:24 +0000

NEW YORK — Wall Street bonuses were up 17 percent to over $20 billion in 2009, the year taxpayers bailed out the financial sector after its meltdown, New York state Comptroller Thomas DiNapoli said today. Total compensation at the largest securities firms grew beyond that figure and profits could surpass what he calls an unprecedented [...]

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Parkway fires CFO, stock tumbles

Ross Reily — Tue, 09 Feb 2010 21:01:50 +0000

Parkway Properties Inc. (PKY US) fell 13.78 percent to $17.20, after sinking as much as 13 percent, the most intraday since April 20. The real estate investment trust reduced its annual dividend to 30 cents a share from $1.30 and said it fired J. Mitchell Collins as chief financial officer.

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